Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 225000
per

Your estimated
City
free-cash

Dresden , Germany
₽110399
₽86034
₽81571
₽96018
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 870
trade
-
-
-
28 828
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 166
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 227
total
-
-
-
116 091
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

34 521
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

53
-
4 227
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 166
-
6 166
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

964
-
76 870
-
total
7 183
-
87 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 479
225 000
-
-
income
28 571
33 750
-
-
trade
30 001
35 438
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 571
1 857
-
-
chamber of commerce
411
461
-
-
total
60 554
71 506
-
-
Dividends
129 925
153 495
-
-
withholding
32 139
38 031
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 768
2 091
-
-
total
33 907
40 122
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 644
111 628
87 263
116 091
After tax
123 356
113 372
137 737
108 909
Living cost
27 338
27 338
27 338
27 338
Free-cash
96 018
86 034
110 399
81 571

Estimated living cost  is ₽27338 per week

₽17196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽80783
₽92799
₽79575
₽92008
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
pensions
-
-
-
27 000
social contributions
-
-
-
2 419
municipal
-
-
-
25 071
national
-
-
-
43 334
total
-
-
-
97 824
Employee
73 790
-
194 510
-
municipal
9 114
-
25 942
-
pensions
2 952
-
7 780
-
national
14 123
-
45 242
-
total
26 189
-
78 964
-
Employer
73 790
-
194 510
-
social contributions
793
-
2 091
-
pensions
5 903
-
15 561
-
total
6 696
-
17 652
-
Corporate
139 644
225 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

27 929
45 000
-
-
total
27 929
45 000
-
-
Dividends
111 715
180 000
-
-
withholding
24 577
39 600
-
-
total
24 577
39 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 391
84 600
96 616
97 824
After tax
139 609
140 400
128 384
127 176
Living cost
47 601
47 601
47 601
47 601
Free-cash
92 008
92 799
80 783
79 575

Estimated living cost  is ₽47601 per week

₽32354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽80201
₽161223
₽64538
₽153819
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
225 000
income
-
-
-
49 729
microenterprise
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
34 581
surtax
-
-
-
57 375
total
-
-
-
141 685
Employee
26 373
-
179 358
-
surtax
-
-
26 007
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

2 901
-
11 832
-
income
4 695
-
42 540
-
total
7 596
-
80 379
-
Employer
26 373
-
179 358
-
surtax
-
-
19 730
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

6 353
-
25 913
-
total
6 353
-
45 643
-
Corporate
192 274
225 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

38 455
45 000
-
-
total
38 455
45 000
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

153 818
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
52 404
45 000
126 022
141 685
After tax
172 596
180 000
98 978
83 315
Living cost
18 777
18 777
18 777
18 777
Free-cash
153 819
161 223
80 201
64 538

Estimated living cost  is ₽18777 per week

₽11979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽106048
₽74570
₽81814
₽69042
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
83 671
pensions
-
-
-
10 575
health
-
-
-
11 130
total
-
-
-
105 376
Employee
77 075
77 075
208 227
-
pensions
13 874
10 575
10 575
-
health
11 830
10 063
11 130
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

12 616
12 616
42 663
-
total
38 320
33 254
64 368
-
Employer
77 075
77 075
208 227
-
health
5 358
5 358
6 658
-
unemployment
2 775
2 775
3 448
-
pensions
5 364
5 364
6 668
-
total
13 497
13 497
16 774
-
Corporate
135 373
134 428
-
-
income
27 074
26 886
-
-
total
27 074
26 886
-
-
Dividends
108 299
107 542
-
-
income
23 013
22 852
-
-
withholding
16 244
16 131
-
-
total
39 257
38 983
-
-
Income
225 000
225 000
225 000
225 000
Total tax
118 148
112 620
81 142
105 376
After tax
106 852
112 380
143 858
119 624
Living cost
37 810
37 810
37 810
37 810
Free-cash
69 042
74 570
106 048
81 814

Estimated living cost  is ₽37810 per week

₽26795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽74079
₽86175
₽74968
₽85350
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
pensions
-
-
-
8 689
other
-
-
-
9 340
unemployment
-
-
-
80
accident
-
-
-
161
health
-
-
-
5 016
municipal
-
-
-
60 151
national
-
-
-
29 920
total
-
-
-
113 357
Employee
52 259
-
199 745
-
municipal
15 584
-
59 564
-
national
-
-
29 427
-
total
15 584
-
88 991
-
Employer
52 259
-
199 745
-
accident
105
-
161
-
other
6 073
-
9 340
-
health
3 214
-
4 943
-
unemployment
1 380
-
2 122
-
pensions
5 649
-
8 689
-
total
16 421
-
25 255
-
Corporate
156 322
225 000
-
-
income
34 391
49 500
-
-
total
34 391
49 500
-
-
Dividends
121 931
175 500
-
-
withholding
36 579
52 650
-
-
total
36 579
52 650
-
-
Income
225 000
225 000
225 000
225 000
Total tax
102 975
102 150
114 246
113 357
After tax
122 025
122 850
110 754
111 643
Living cost
36 675
36 675
36 675
36 675
Free-cash
85 350
86 175
74 079
74 968

Estimated living cost  is ₽36675 per week

₽24307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽102281
₽76759
₽72172
₽89442
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 870
trade
-
-
-
30 109
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 166
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 227
total
-
-
-
117 372
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

45 771
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

216
-
4 227
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 166
-
6 166
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 933
-
76 870
-
total
10 315
-
87 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 229
225 000
-
-
income
26 884
33 750
-
-
trade
29 484
37 013
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 478
1 857
-
-
chamber of commerce
392
457
-
-
total
58 238
73 077
-
-
Dividends
120 991
151 922
-
-
withholding
29 905
37 637
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 644
2 071
-
-
total
31 549
39 708
-
-
Income
225 000
225 000
225 000
225 000
Total tax
100 102
112 785
87 263
117 372
After tax
124 898
112 215
137 737
107 628
Living cost
35 456
35 456
35 456
35 456
Free-cash
89 442
76 759
102 281
72 172

Estimated living cost  is ₽35456 per week

₽23714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽119407
₽134650
₽121207
₽130907
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
54 177
social contributions
-
-
-
14 603
health
-
-
-
5 738
total
-
-
-
74 518
Employee
69 403
69 403
213 285
-
social contributions
3 372
5 760
7 769
-
health
690
1 180
3 626
-
income
7 288
6 425
53 208
-
total
11 350
13 365
64 603
-
Employer
69 403
69 403
213 285
-
health
752
1 285
3 946
-
social contributions
3 372
5 760
7 769
-
total
4 124
7 045
11 715
-
Corporate
180 250
148 552
-
-
income
22 532
18 568
-
-
total
22 532
18 568
-
-
Dividends
157 719
129 984
-
-
withholding
26 812
22 097
-
-
total
26 812
22 097
-
-
Income
225 000
225 000
225 000
225 000
Total tax
64 818
61 075
76 318
74 518
After tax
160 182
163 925
148 682
150 482
Living cost
29 275
29 275
29 275
29 275
Free-cash
130 907
134 650
119 407
121 207

Estimated living cost  is ₽29275 per week

₽20012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽112285
₽108140
₽137719
₽108519
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
27 506
pensions
-
-
-
22 500
unemployment
-
-
-
3 375
health
-
-
-
15 750
total
-
-
-
69 131
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 199
10 427
188 285
-
unemployment
393
156
2 824
-
pensions
2 620
1 043
18 828
-
health
1 834
730
13 180
-
income
3 203
1 275
23 018
-
total
8 050
3 204
57 850
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 199
10 427
188 285
-
pensions
5 109
2 033
36 715
-
total
5 109
2 033
36 715
-
Corporate
193 692
212 540
-
-
income
17 432
19 129
-
-
total
17 432
19 129
-
-
Dividends
176 260
193 411
-
-
withholding
33 489
36 748
-
-
social contributions
34 251
37 596
-
-
total
67 740
74 344
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 331
98 710
94 565
69 131
After tax
126 669
126 290
130 435
155 869
Living cost
18 150
18 150
18 150
18 150
Free-cash
108 519
108 140
112 285
137 719

Estimated living cost  is ₽18150 per week

₽12385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽107887
₽158200
₽98801
₽152592
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
30 150
pensions
-
-
-
45 000
health
-
-
-
29 249
total
-
-
-
104 399
Employee
25 604
-
168 161
-
unemployment
409
-
2 691
-
pensions
512
-
3 364
-
income
2 883
-
32 421
-
total
3 804
-
38 476
-
Employer
25 604
-
168 161
-
health
3 328
-
21 860
-
unemployment
206
-
1 345
-
pensions
5 121
-
33 632
-
total
8 655
-
56 837
-
Corporate
190 741
225 000
-
-
income
38 149
45 000
-
-
total
38 149
45 000
-
-
Dividends
152 592
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
50 608
45 000
95 313
104 399
After tax
174 392
180 000
129 687
120 601
Living cost
21 800
21 800
21 800
21 800
Free-cash
152 592
158 200
107 887
98 801

Estimated living cost  is ₽21800 per week

₽14953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽104587
-₽1702
₽133648
₽15169
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
65 116
pensions
-
-
-
3 769
other
-
-
-
336
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
71 425
Employee
31 347
-
206 512
-
pensions
3 530
-
6 911
-
health
3 589
-
23 646
-
income
4 301
-
51 441
-
total
11 420
-
81 998
-
Employer
31 347
-
206 512
-
accident
523
-
3 449
-
unemployment
768
-
5 060
-
pensions
5 097
-
9 979
-
total
6 388
-
18 488
-
Corporate
187 265
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

168 538
202 500
-
-
total
168 538
202 500
-
-
Dividends
18 727
22 500
-
-
withholding
3 558
4 275
-
-
total
3 558
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
189 904
206 775
100 486
71 425
After tax
35 096
18 225
124 514
153 575
Living cost
19 927
19 927
19 927
19 927
Free-cash
15 169
-1 702
104 587
133 648

Estimated living cost  is ₽19927 per week

₽14605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽172262
₽206012
₽215012
₽204562
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
9 672
-
225 000
-
income
1 934
-
45 000
-
total
1 934
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

215 328
225 000
-
-
total
-
-
-
-
Dividends
215 328
225 000
-
-
withholding
10 766
11 250
-
-
total
10 766
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
12 700
11 250
45 000
2 250
After tax
212 300
213 750
180 000
222 750
Living cost
7 738
7 738
7 738
7 738
Free-cash
204 562
206 012
172 262
215 012

Estimated living cost  is ₽7738 per week

₽4795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽112588
₽141257
₽114396
₽135162
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
41 056
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
32 940
other
-
-
-
6 519
health
-
-
-
6 039
total
-
-
-
86 554
Employee
32 771
-
189 992
-
unemployment
327
-
1 372
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 293
-
9 607
-
health
459
-
1 922
-
income
5 642
-
40 454
-
total
8 721
-
53 355
-
Employer
32 771
-
189 992
-
accident
262
-
1 519
-
other
1 639
-
6 861
-
health
459
-
1 922
-
unemployment
327
-
1 372
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

5 572
-
23 333
-
total
8 259
-
35 007
-
Corporate
183 970
225 000
-
-
income
38 634
47 251
-
-
total
38 634
47 251
-
-
Dividends
145 336
177 749
-
-
withholding
10 174
12 442
-
-
total
10 174
12 442
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 788
59 693
88 362
86 554
After tax
159 212
165 307
136 638
138 446
Living cost
24 050
24 050
24 050
24 050
Free-cash
135 162
141 257
112 588
114 396

Estimated living cost  is ₽24050 per week

₽16993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽63500
₽79468
₽83508
₽86790
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
71 185
pensions
-
-
-
9 479
total
-
-
-
80 664
Employee
86 063
-
195 950
-
pensions
8 303
-
11 185
-
health
1 418
-
2 588
-
income
15 514
-
57 848
-
total
25 235
-
71 621
-
Employer
86 063
-
195 950
-
health
1 634
-
3 724
-
pensions
10 162
-
25 327
-
total
11 796
-
29 051
-
Corporate
127 141
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

24 157
42 749
-
-
total
24 157
42 749
-
-
Dividends
102 985
182 251
-
-
withholding
16 194
41 955
-
-
total
16 194
41 955
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 382
84 704
100 672
80 664
After tax
147 618
140 296
124 328
144 336
Living cost
60 828
60 828
60 828
60 828
Free-cash
86 790
79 468
63 500
83 508

Estimated living cost  is ₽60828 per week

₽45580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽180226
₽180376
₽170716
₽176124
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
33 750
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 731
unemployment
-
-
-
128
health
-
-
-
3 676
total
-
-
-
42 285
Employee
15 888
-
218 728
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 395
-
2 807
-
health
731
-
1 470
-
accident

We are using the highest rate at 1.1%.

175
-
352
-
income
1 589
-
21 873
-
total
3 890
-
26 502
-
Employer
15 888
-
218 728
-
accident

We are using the highest rate at 1.1%.

175
-
352
-
health
1 097
-
2 206
-
unemployment
95
-
192
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 751
-
3 523
-
total
3 118
-
6 273
-
Corporate
205 994
225 000
-
-
income
20 599
22 500
-
-
total
20 599
22 500
-
-
Dividends
185 395
202 500
-
-
withholding
9 270
10 125
-
-
total
9 270
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
36 877
32 625
32 775
42 285
After tax
188 123
192 375
192 225
182 715
Living cost
11 999
11 999
11 999
11 999
Free-cash
176 124
180 376
180 226
170 716

Estimated living cost  is ₽11999 per week

₽7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽93809
₽62331
₽69575
₽64602
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
83 671
pensions
-
-
-
10 575
health
-
-
-
11 130
total
-
-
-
105 376
Employee
83 679
77 075
208 227
-
pensions
10 575
10 575
10 575
-
health
10 439
10 063
11 130
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

12 616
12 616
42 663
-
total
33 630
33 254
64 368
-
Employer
83 679
77 075
208 227
-
health
5 815
5 358
6 658
-
unemployment
3 013
2 775
3 448
-
pensions
5 823
5 364
6 668
-
total
14 651
13 497
16 774
-
Corporate
126 670
134 428
-
-
income
25 334
26 886
-
-
total
25 334
26 886
-
-
Dividends
101 336
107 542
-
-
income
21 533
22 852
-
-
withholding
15 201
16 131
-
-
total
36 734
38 983
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 349
112 620
81 142
105 376
After tax
114 651
112 380
143 858
119 624
Living cost
50 049
50 049
50 049
50 049
Free-cash
64 602
62 331
93 809
69 575

Estimated living cost  is ₽50049 per week

₽36919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽101707
₽132384
₽111764
₽124345
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
24 331
solidarity contribution
-
-
-
3 583
social contributions
-
-
-
32 418
health
-
-
-
30 375
total
-
-
-
90 707
Employee
33 130
-
180 959
-
social contributions
2 153
-
7 216
-
solidarity contribution
-
-
2 681
-
health
4 473
-
24 429
-
income
3 976
-
22 397
-
total
10 602
-
56 723
-
Employer
33 130
-
180 959
-
health
2 982
-
16 286
-
social contributions
8 283
-
27 755
-
total
11 265
-
44 041
-
Corporate
180 605
225 000
-
-
income
34 315
42 750
-
-
total
34 315
42 750
-
-
Dividends
146 290
182 250
-
-
withholding
21 944
27 337
-
-
total
21 944
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 126
70 087
100 764
90 707
After tax
146 874
154 913
124 236
134 293
Living cost
22 529
22 529
22 529
22 529
Free-cash
124 345
132 384
101 707
111 764

Estimated living cost  is ₽22529 per week

₽15649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽64075
₽81960
₽71726
₽77249
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
regional
-
-
-
2 950
social contributions
-
-
-
45 173
municipal
-
-
-
1 439
national
-
-
-
65 627
total
-
-
-
115 189
Employee
80 214
-
225 000
-
municipal
425
-
1 326
-
social contributions
27 048
-
59 223
-
regional
757
-
2 705
-
national
13 899
-
59 586
-
total
42 129
-
122 840
-
Employer
80 214
-
225 000
-
total
-
-
-
-
Corporate
144 786
225 000
-
-
nationa
34 749
54 001
-
-
municipal
5 647
8 775
-
-
total
40 396
62 776
-
-
Dividends
104 390
162 225
-
-
withholding
27 141
42 179
-
-
total
27 141
42 179
-
-
Income
225 000
225 000
225 000
225 000
Total tax
109 666
104 955
122 840
115 189
After tax
115 334
120 045
102 160
109 811
Living cost
38 085
38 085
38 085
38 085
Free-cash
77 249
81 960
64 075
71 726

Estimated living cost  is ₽38085 per week

₽26548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽80166
₽121609
₽85682
₽118799
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
73 794
pensions
-
-
-
24 092
other
-
-
-
-
unemployment
-
-
-
206
health
-
-
-
8 552
surtax
-
-
-
12 757
total
-
-
-
119 401
Employee
29 847
-
199 644
-
unemployment
2 078
-
8 384
-
surtax
98
-
11 676
-
pensions
1 990
-
8 035
-
health
762
-
3 071
-
other
-
-
-
-
income
5 003
-
68 395
-
total
9 931
-
99 561
-
Employer
29 847
-
199 644
-
other
-
-
-
-
health
1 358
-
5 481
-
unemployment
945
-
3 818
-
pensions
3 979
-
16 057
-
total
6 282
-
25 356
-
Corporate
188 870
225 000
-
-
income
49 106
58 500
-
-
total
49 106
58 500
-
-
Dividends
139 765
166 500
-
-
withholding
20 965
24 974
-
-
total
20 965
24 974
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 284
83 474
124 917
119 401
After tax
138 716
141 526
100 083
105 599
Living cost
19 917
19 917
19 917
19 917
Free-cash
118 799
121 609
80 166
85 682

Estimated living cost  is ₽19917 per week

₽12178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽82772
₽98740
₽102780
₽104749
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
71 185
pensions
-
-
-
9 479
total
-
-
-
80 664
Employee
57 677
-
195 950
-
pensions
4 895
-
11 185
-
health
837
-
2 588
-
income
10 388
-
57 848
-
total
16 120
-
71 621
-
Employer
57 677
-
195 950
-
health
1 096
-
3 724
-
pensions
6 244
-
25 327
-
total
7 340
-
29 051
-
Corporate
159 984
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

30 396
42 749
-
-
total
30 396
42 749
-
-
Dividends
129 588
182 251
-
-
withholding
24 839
41 955
-
-
total
24 839
41 955
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 695
84 704
100 672
80 664
After tax
146 305
140 296
124 328
144 336
Living cost
41 556
41 556
41 556
41 556
Free-cash
104 749
98 740
82 772
102 780

Estimated living cost  is ₽41556 per week

₽31134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽97512
₽30296
₽105066
₽61355
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
regional
-
-
-
12 920
pensions
-
-
-
20 701
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 501
city
-
-
-
2 372
health
-
-
-
507
national
-
-
-
6 342
total
-
-
-
47 343
Employee
84 950
-
202 799
-
city
912
-
2 198
-
unemployment
-
-
-
-
pensions
7 137
-
15 456
-
regional
2 782
-
11 578
-
health
192
-
457
-
national
402
-
5 240
-
total
11 425
-
34 929
-
Employer
84 950
-
202 799
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 698
-
4 055
-
health
192
-
457
-
unemployment
-
-
-
-
pensions
7 137
-
15 456
-
total
9 027
-
19 968
-
Corporate
130 088
225 000
-
-
national
11 058
19 125
-
-
regional
27 513
47 587
-
-
total
38 571
66 712
-
-
Dividends
91 517
158 288
-
-
withholding
32 031
55 401
-
-
total
32 031
55 401
-
-
Income
225 000
225 000
225 000
225 000
Total tax
91 054
122 113
54 897
47 343
After tax
133 946
102 887
170 103
177 657
Living cost
72 591
72 591
72 591
72 591
Free-cash
61 355
30 296
97 512
105 066

Estimated living cost  is ₽72591 per week

₽47205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽891
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽96390
₽69712
₽65000
₽84350
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 870
trade
-
-
-
31 390
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 166
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 227
total
-
-
-
118 653
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

54 243
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

351
-
4 227
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 166
-
6 166
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

6 378
-
76 870
-
total
12 895
-
87 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 757
225 000
-
-
income
25 613
33 750
-
-
trade
29 285
38 587
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 408
1 857
-
-
chamber of commerce
377
454
-
-
total
56 683
74 648
-
-
Dividends
114 075
150 352
-
-
withholding
28 175
37 245
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 550
2 048
-
-
total
29 725
39 293
-
-
Income
225 000
225 000
225 000
225 000
Total tax
99 303
113 941
87 263
118 653
After tax
125 697
111 059
137 737
106 347
Living cost
41 347
41 347
41 347
41 347
Free-cash
84 350
69 712
96 390
65 000

Estimated living cost  is ₽41347 per week

₽30198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽82357
₽82518
₽90341
₽87852
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
44 991
pensions
-
-
-
33 828
social contributions
-
-
-
6 411
other
-
-
-
6 974
health
-
-
-
11 575
surtax
-
-
-
-
total
-
-
-
103 779
Employee
38 628
-
170 664
-
surtax
-
-
-
-
pensions
4 368
-
13 308
-
social contributions
1 101
-
4 863
-
income
2 280
-
39 256
-
total
7 749
-
57 427
-
Employer
38 628
-
170 664
-
other
1 333
-
7 271
-
health
2 704
-
17 495
-
unemployment
1 564
-
6 911
-
social contributions
116
-
512
-
pensions
6 346
-
22 147
-
total
12 063
-
54 336
-
Corporate
174 308
225 000
-
-
income
48 806
63 000
-
-
surtax
-
-
-
-
total
48 806
63 000
-
-
Dividends
125 503
162 000
-
-
withholding
16 064
20 737
-
-
surtax
-
-
-
-
social contributions
21 586
27 865
-
-
total
37 650
48 602
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 268
111 602
111 763
103 779
After tax
118 732
113 398
113 237
121 221
Living cost
30 880
30 880
30 880
30 880
Free-cash
87 852
82 518
82 357
90 341

Estimated living cost  is ₽30880 per week

₽19471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽85417
₽85578
₽93401
₽90594
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
44 991
pensions
-
-
-
33 828
social contributions
-
-
-
6 411
other
-
-
-
6 974
health
-
-
-
11 575
surtax
-
-
-
-
total
-
-
-
103 779
Employee
34 481
-
170 664
-
surtax
-
-
-
-
pensions
3 900
-
13 308
-
social contributions
983
-
4 863
-
income
1 778
-
39 256
-
total
6 661
-
57 427
-
Employer
34 481
-
170 664
-
other
1 190
-
7 271
-
health
2 413
-
17 495
-
unemployment
1 396
-
6 911
-
social contributions
103
-
512
-
pensions
5 666
-
22 147
-
total
10 768
-
54 336
-
Corporate
179 750
225 000
-
-
income
50 330
63 000
-
-
surtax
-
-
-
-
total
50 330
63 000
-
-
Dividends
129 420
162 000
-
-
withholding
16 566
20 737
-
-
surtax
-
-
-
-
social contributions
22 261
27 865
-
-
total
38 827
48 602
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 586
111 602
111 763
103 779
After tax
118 414
113 398
113 237
121 221
Living cost
27 820
27 820
27 820
27 820
Free-cash
90 594
85 578
85 417
93 401

Estimated living cost  is ₽27820 per week

₽16134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽118778
₽118130
₽125357
₽118600
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
33 750
social contributions
-
-
-
31 049
health
-
-
-
15 705
total
-
-
-
80 504
Employee
30 602
-
225 000
-
social contributions
4 224
-
31 049
-
health
2 136
-
15 705
-
income
5 104
-
40 329
-
total
11 464
-
87 083
-
Employer
30 602
-
225 000
-
total
-
-
-
-
Corporate
194 398
225 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

9 720
11 250
-
-
total
9 720
11 250
-
-
Dividends
184 678
213 750
-
-
withholding
27 701
32 063
-
-
health
12 890
14 920
-
-
social contributions
25 486
29 498
-
-
total
66 077
76 481
-
-
Income
225 000
225 000
225 000
225 000
Total tax
87 261
87 731
87 083
80 504
After tax
137 739
137 269
137 917
144 496
Living cost
19 139
19 139
19 139
19 139
Free-cash
118 600
118 130
118 778
125 357

Estimated living cost  is ₽19139 per week

₽12808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽26649
₽92059
₽83105
₽90664
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
75 906
pensions
-
-
-
19 507
unemployment
-
-
-
5 536
health
-
-
-
8 066
chamber of commerce
-
-
-
899
surtax
-
-
-
178
total
-
-
-
110 092
Employee
45 106
35 969
188 420
-
unemployment
1 353
1 079
3 164
-
pensions
4 619
3 682
10 797
-
health
1 745
1 392
4 080
-
other
450
360
1 055
-
income
5 135
2 653
64 622
-
total
13 302
9 166
83 718
-
Employer
45 106
35 969
188 420
-
surtax
178
178
178
-
accident
586
468
1 370
-
other
2 143
1 708
8 244
-
health
1 704
1 360
3 986
-
unemployment
1 353
1 079
3 164
-
chamber of commerce
180
144
754
-
payroll
1 353
1 079
5 652
-
pensions
5 661
4 515
13 233
-
total
13 158
10 531
36 581
-
Corporate
166 736
178 501
184 994
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

41 684
44 625
46 249
-
total
41 684
44 625
46 249
-
Dividends
125 052
133 876
-
-
withholding
34 389
36 816
-
-
total
34 389
36 816
-
-
Income
225 000
225 000
225 000
225 000
Total tax
102 533
101 138
166 548
110 092
After tax
122 467
123 862
58 452
114 908
Living cost
31 803
31 803
31 803
31 803
Free-cash
90 664
92 059
26 649
83 105

Estimated living cost  is ₽31803 per week

₽21211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽42623
₽89338
₽65062
₽79253
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
12 151
social contributions
-
-
-
22 502
national
-
-
-
92 376
total
-
-
-
127 029
Employee

The minimum management director salary is set at €45,000 per year.

64 561
-
174 271
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

562
-
1 516
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 842
-
13 070
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 367
-
9 090
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 033
-
8 191
-
national
19 849
-
66 872
-
total
31 653
-
98 739
-
Employer

The minimum management director salary is set at €45,000 per year.

64 561
-
174 271
-
surtax
7 320
-
19 762
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

839
-
2 264
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 970
-
10 717
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

942
-
2 545
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 721
-
15 441
-
total
18 792
-
50 729
-
Corporate
141 646
225 000
-
-
income
28 329
49 835
-
-
surtax
567
997
-
-
total
28 896
50 832
-
-
Dividends
112 750
174 168
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

33 497
51 921
-
-
total
33 497
51 921
-
-
Income
225 000
225 000
225 000
225 000
Total tax
112 838
102 753
149 468
127 029
After tax
112 162
122 247
75 532
97 971
Living cost
32 909
32 909
32 909
32 909
Free-cash
79 253
89 338
42 623
65 062

Estimated living cost  is ₽32909 per week

₽21197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽89148
₽116586
₽92935
₽110402
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
74 372
pensions
-
-
-
23 674
other
-
-
-
84
unemployment
-
-
-
586
accident
-
-
-
754
total
-
-
-
99 470
Employee
44 927
-
198 330
-
unemployment
697
-
1 297
-
pensions
2 112
-
3 933
-
other
45
-
84
-
income
9 479
-
71 273
-
total
12 333
-
76 587
-
Employer
44 927
-
198 330
-
accident
889
-
1 656
-
other
358
-
670
-
unemployment
2 472
-
4 601
-
pensions
10 602
-
19 743
-
total
14 321
-
26 670
-
Corporate
165 752
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 863
33 750
-
-
total
24 863
33 750
-
-
Dividends
140 889
191 250
-
-
withholding
30 486
42 069
-
-
total
30 486
42 069
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 003
75 819
103 257
99 470
After tax
142 997
149 181
121 743
125 530
Living cost
32 595
32 595
32 595
32 595
Free-cash
110 402
116 586
89 148
92 935

Estimated living cost  is ₽32595 per week

₽24003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽63724
₽76448
₽56150
₽64032
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
45 320
communal
-
-
-
14 220
pensions
-
-
-
32 086
accident
-
-
-
1 805
health
-
-
-
15 040
surtax
-
-
-
11 330
total
-
-
-
119 801
Employee
68 350
-
200 983
-
surtax
4 189
-
12 317
-
pensions
5 467
-
16 078
-
health
3 042
-
8 944
-
income
6 602
-
50 871
-
total
19 300
-
88 210
-
Employer
68 350
-
200 983
-
accident
615
-
1 809
-
health
2 084
-
6 130
-
pensions
5 467
-
16 078
-
total
8 166
-
24 017
-
Corporate
148 483
225 000
-
-
income
22 273
33 750
-
-
surtax
1 559
2 362
-
-
communal
10 023
15 187
-
-
total
33 855
51 299
-
-
Dividends
114 628
173 700
-
-
income
33 403
22 149
-
-
withholding
17 195
26 055
-
-
total
50 598
48 204
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 919
99 503
112 227
119 801
After tax
113 081
125 497
112 773
105 199
Living cost
49 049
49 049
49 049
49 049
Free-cash
64 032
76 448
63 724
56 150

Estimated living cost  is ₽49049 per week

₽36794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽79810
₽121253
₽85326
₽118381
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
73 794
pensions
-
-
-
24 092
other
-
-
-
-
unemployment
-
-
-
206
health
-
-
-
8 552
surtax
-
-
-
12 757
total
-
-
-
119 401
Employee
30 395
-
199 644
-
unemployment
2 115
-
8 384
-
surtax
108
-
11 676
-
pensions
2 028
-
8 035
-
health
776
-
3 071
-
other
-
-
-
-
income
5 096
-
68 395
-
total
10 123
-
99 561
-
Employer
30 395
-
199 644
-
other
-
-
-
-
health
1 382
-
5 481
-
unemployment
964
-
3 818
-
pensions
4 052
-
16 057
-
total
6 398
-
25 356
-
Corporate
188 206
225 000
-
-
income
48 934
58 500
-
-
total
48 934
58 500
-
-
Dividends
139 272
166 500
-
-
withholding
20 891
24 974
-
-
total
20 891
24 974
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 346
83 474
124 917
119 401
After tax
138 654
141 526
100 083
105 599
Living cost
20 273
20 273
20 273
20 273
Free-cash
118 381
121 253
79 810
85 326

Estimated living cost  is ₽20273 per week

₽12240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽77187
₽93951
₽84797
₽91948
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
regional
-
-
-
3 651
social contributions
-
-
-
45 173
municipal
-
-
-
1 439
national
-
-
-
65 627
total
-
-
-
115 890
Employee
50 067
-
225 000
-
municipal
265
-
1 326
-
social contributions
16 883
-
59 223
-
regional
674
-
3 365
-
national
7 932
-
59 586
-
total
25 754
-
123 500
-
Employer
50 067
-
225 000
-
total
-
-
-
-
Corporate
174 933
225 000
-
-
nationa
41 984
54 001
-
-
municipal
8 694
11 183
-
-
total
50 678
65 184
-
-
Dividends
124 256
159 816
-
-
withholding
32 307
41 552
-
-
total
32 307
41 552
-
-
Income
225 000
225 000
225 000
225 000
Total tax
108 739
106 736
123 500
115 890
After tax
116 261
118 264
101 500
109 110
Living cost
24 313
24 313
24 313
24 313
Free-cash
91 948
93 951
77 187
84 797

Estimated living cost  is ₽24313 per week

₽15120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽96475
₽127152
₽106532
₽117248
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
24 331
solidarity contribution
-
-
-
3 583
social contributions
-
-
-
32 418
health
-
-
-
30 375
total
-
-
-
90 707
Employee
40 825
-
180 959
-
social contributions
2 654
-
7 216
-
solidarity contribution
-
-
2 681
-
health
5 511
-
24 429
-
income
4 899
-
22 397
-
total
13 064
-
56 723
-
Employer
40 825
-
180 959
-
health
3 674
-
16 286
-
social contributions
10 206
-
27 755
-
total
13 880
-
44 041
-
Corporate
170 294
225 000
-
-
income
32 356
42 750
-
-
total
32 356
42 750
-
-
Dividends
137 938
182 250
-
-
withholding
20 691
27 337
-
-
total
20 691
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
79 991
70 087
100 764
90 707
After tax
145 009
154 913
124 236
134 293
Living cost
27 761
27 761
27 761
27 761
Free-cash
117 248
127 152
96 475
106 532

Estimated living cost  is ₽27761 per week

₽20645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽29699
₽95165
₽86291
₽94715
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
75 906
pensions
-
-
-
19 507
unemployment
-
-
-
5 536
health
-
-
-
8 066
chamber of commerce
-
-
-
899
surtax
-
-
-
-
total
-
-
-
109 914
Employee
39 454
35 969
188 586
-
unemployment
1 184
1 079
3 164
-
pensions
4 040
3 682
10 797
-
health
1 526
1 392
4 080
-
other
394
360
1 055
-
income
3 515
2 653
64 706
-
total
10 659
9 166
83 802
-
Employer
39 454
35 969
188 586
-
surtax
-
-
-
-
accident
512
468
1 370
-
other
1 874
1 708
8 250
-
health
1 492
1 360
3 986
-
unemployment
1 184
1 079
3 164
-
chamber of commerce
158
144
754
-
payroll
1 184
1 079
5 657
-
pensions
4 952
4 515
13 233
-
total
11 356
10 353
36 414
-
Corporate
174 192
178 679
185 161
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

43 548
44 669
46 290
-
total
43 548
44 669
46 290
-
Dividends
130 645
134 010
-
-
withholding
35 927
36 852
-
-
total
35 927
36 852
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 490
101 040
166 506
109 914
After tax
123 510
123 960
58 494
115 086
Living cost
28 795
28 795
28 795
28 795
Free-cash
94 715
95 165
29 699
86 291

Estimated living cost  is ₽28795 per week

₽17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽167942
₽201692
₽210692
₽199431
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
15 072
-
225 000
-
income
3 015
-
45 000
-
total
3 015
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

209 928
225 000
-
-
total
-
-
-
-
Dividends
209 928
225 000
-
-
withholding
10 496
11 250
-
-
total
10 496
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
13 511
11 250
45 000
2 250
After tax
211 489
213 750
180 000
222 750
Living cost
12 058
12 058
12 058
12 058
Free-cash
199 431
201 692
167 942
210 692

Estimated living cost  is ₽12058 per week

₽8160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽73053
₽130704
₽77935
₽123151
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
225 000
income
-
-
-
59 289
pensions
-
-
-
41 091
unemployment
-
-
-
337
health
-
-
-
22 139
total
-
-
-
122 856
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 912
-
194 685
-
unemployment
57
-
272
-
pensions
6 187
-
30 176
-
health
2 578
-
12 577
-
income
6 883
-
54 402
-
total
15 705
-
97 427
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 912
-
194 685
-
health
2 658
-
12 966
-
unemployment
24
-
116
-
pensions
3 532
-
17 229
-
total
6 214
-
30 311
-
Corporate
178 874
225 000
-
-
income
33 987
42 749
-
-
total
33 987
42 749
-
-
Dividends
144 888
182 251
-
-
withholding
21 734
27 338
-
-
total
21 734
27 338
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 640
70 087
127 738
122 856
After tax
147 360
154 913
97 262
102 144
Living cost
24 209
24 209
24 209
24 209
Free-cash
123 151
130 704
73 053
77 935

Estimated living cost  is ₽24209 per week

₽16614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽171989
₽96265
₽114868
₽51480
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
43 857
social contributions
-
-
-
25 650
total
-
-
-
69 507
Employee
58 250
-
-
-
social contributions
4 777
-
681
-
income
12 849
-
-
-
total
17 626
-
681
-
Employer
58 250
-
-
-
social contributions
82 133
-
11 705
-
total
82 133
-
11 705
-
Corporate
84 617
225 000
-
-
income
18 616
49 500
-
-
total
18 616
49 500
-
-
Dividends
66 001
175 500
-
-
income
14 520
38 610
-
-
total
14 520
38 610
-
-
Income
225 000
225 000
225 000
225 000
Total tax
132 895
88 110
12 386
69 507
After tax
92 105
136 890
212 614
155 493
Living cost
40 625
40 625
40 625
40 625
Free-cash
51 480
96 265
171 989
114 868

Estimated living cost  is ₽40625 per week

₽26359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽69562
₽99668
₽87952
₽98760
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
income
-
-
-
30 550
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 187
surtax
-
-
-
-
total
-
-
-
108 737
Employee
41 511
-
181 817
-
surtax
-
-
620
-
social contributions
4 566
-
20 000
-
income
8 634
-
63 326
-
total
13 200
-
83 946
-
Employer
41 511
-
181 817
-
social contributions
9 859
-
43 181
-
total
9 859
-
43 181
-
Corporate
173 630
225 000
-
-
income
36 462
47 251
-
-
surtax
-
-
-
-
total
36 462
47 251
-
-
Dividends
137 168
177 749
-
-
withholding
38 408
49 770
-
-
total
38 408
49 770
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 929
97 021
127 127
108 737
After tax
127 071
127 979
97 873
116 263
Living cost
28 311
28 311
28 311
28 311
Free-cash
98 760
99 668
69 562
87 952

Estimated living cost  is ₽28311 per week

₽21182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽69644
₽69805
₽77628
₽76009
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
44 991
pensions
-
-
-
33 828
social contributions
-
-
-
6 411
other
-
-
-
6 974
health
-
-
-
11 575
surtax
-
-
-
-
total
-
-
-
103 779
Employee
56 529
-
170 664
-
surtax
-
-
-
-
pensions
6 394
-
13 308
-
social contributions
1 610
-
4 863
-
income
4 932
-
39 256
-
total
12 936
-
57 427
-
Employer
56 529
-
170 664
-
other
1 951
-
7 271
-
health
3 957
-
17 495
-
unemployment
2 290
-
6 911
-
social contributions
170
-
512
-
pensions
9 288
-
22 147
-
total
17 656
-
54 336
-
Corporate
150 815
225 000
-
-
income
42 229
63 000
-
-
surtax
-
-
-
-
total
42 229
63 000
-
-
Dividends
108 587
162 000
-
-
withholding
13 899
20 737
-
-
surtax
-
-
-
-
social contributions
18 678
27 865
-
-
total
32 577
48 602
-
-
Income
225 000
225 000
225 000
225 000
Total tax
105 398
111 602
111 763
103 779
After tax
119 602
113 398
113 237
121 221
Living cost
43 593
43 593
43 593
43 593
Free-cash
76 009
69 805
69 644
77 628

Estimated living cost  is ₽43593 per week

₽29503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽142280
₽175370
₽136301
₽172336
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
12 068
social contributions
-
-
-
49 500
total
-
-
-
61 568
Employee
29 017
-
194 804
-
income
-
-
12 733
-
social contributions
1 886
-
12 663
-
total
1 886
-
25 396
-
Employer
29 017
-
194 804
-
social contributions
4 498
-
30 193
-
total
4 498
-
30 193
-
Corporate
191 486
225 000
-
-
income
19 149
22 499
-
-
total
19 149
22 499
-
-
Dividends
172 337
202 501
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
25 533
22 499
55 589
61 568
After tax
199 467
202 501
169 411
163 432
Living cost
27 131
27 131
27 131
27 131
Free-cash
172 336
175 370
142 280
136 301

Estimated living cost  is ₽27131 per week

₽17542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽28716
₽28716
₽85482
₽14846
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
pensions
-
-
-
781
labour market
-
-
-
17 937
municipal
-
-
-
48 838
national
-
-
-
28 575
total
-
-
-
96 131
Employee
183 125
183 125
183 125
-
municipal
38 996
38 996
38 996
-
labour market
14 629
14 629
14 629
-
pensions
260
260
260
-
national
22 372
22 372
22 372
-
total
76 257
76 257
76 257
-
Employer
183 125
183 125
183 125
-
municipal
39 058
39 058
39 058
-
national
22 411
22 411
22 411
-
labour market
14 650
14 650
14 650
-
pensions
521
521
521
-
total
76 640
76 640
76 640
-
Corporate
28 717
-
-
-
income
6 318
-
-
-
total
6 318
-
-
-
Dividends
22 399
-
-
-
withholding
7 552
-
-
-
total
7 552
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
166 767
152 897
152 897
96 131
After tax
58 233
72 103
72 103
128 869
Living cost
43 387
43 387
43 387
43 387
Free-cash
14 846
28 716
28 716
85 482

Estimated living cost  is ₽43387 per week

₽29694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽104881
-₽1408
₽133942
₽15213
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
65 116
pensions
-
-
-
3 769
other
-
-
-
336
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
71 425
Employee
30 885
-
206 512
-
pensions
3 478
-
6 911
-
health
3 537
-
23 646
-
income
4 237
-
51 441
-
total
11 252
-
81 998
-
Employer
30 885
-
206 512
-
accident
516
-
3 449
-
unemployment
757
-
5 060
-
pensions
5 022
-
9 979
-
total
6 295
-
18 488
-
Corporate
187 821
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

169 039
202 500
-
-
total
169 039
202 500
-
-
Dividends
18 782
22 500
-
-
withholding
3 568
4 275
-
-
total
3 568
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
190 154
206 775
100 486
71 425
After tax
34 846
18 225
124 514
153 575
Living cost
19 633
19 633
19 633
19 633
Free-cash
15 213
-1 408
104 881
133 942

Estimated living cost  is ₽19633 per week

₽14291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽75105
₽101771
₽100879
₽105025
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
225 000
health
-
-
-
3 088
municipal
-
-
-
39 944
national
-
-
-
46 437
total
-
-
-
89 469
Employee
47 486
-
189 282
-
unemployment
713
-
2 840
-
municipal
7 778
-
30 803
-
pensions
3 205
-
12 776
-
health
355
-
2 538
-
national
784
-
30 567
-
total
12 835
-
79 524
-
Employer
47 486
-
189 282
-
accident
48
-
190
-
health
365
-
1 458
-
unemployment
308
-
1 230
-
pensions
8 239
-
32 841
-
total
8 960
-
35 719
-
Corporate
168 555
225 000
-
-
income
33 711
45 000
-
-
total
33 711
45 000
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

101 133
135 000
-
-
municipal
18 203
24 299
-
-
national
11 614
19 278
-
-
total
29 817
43 577
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 323
88 577
115 243
89 469
After tax
139 677
136 423
109 757
135 531
Living cost
34 652
34 652
34 652
34 652
Free-cash
105 025
101 771
75 105
100 879

Estimated living cost  is ₽34652 per week

₽22634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽127785
₽143028
₽129585
₽138116
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
54 177
social contributions
-
-
-
14 603
health
-
-
-
5 738
total
-
-
-
74 518
Employee
69 403
69 403
213 285
-
social contributions
2 624
5 760
7 769
-
health
538
1 180
3 626
-
income
7 557
6 425
53 208
-
total
10 719
13 365
64 603
-
Employer
69 403
69 403
213 285
-
health
584
1 285
3 946
-
social contributions
2 624
5 760
7 769
-
total
3 208
7 045
11 715
-
Corporate
190 176
148 552
-
-
income
23 772
18 568
-
-
total
23 772
18 568
-
-
Dividends
166 405
129 984
-
-
withholding
28 288
22 097
-
-
total
28 288
22 097
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 987
61 075
76 318
74 518
After tax
159 013
163 925
148 682
150 482
Living cost
20 897
20 897
20 897
20 897
Free-cash
138 116
143 028
127 785
129 585

Estimated living cost  is ₽20897 per week

₽12524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽160098
₽171992
₽178199
₽167401
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
225 000
income
-
-
-
23 438
pensions
-
-
-
5 741
unemployment
-
-
-
26
health
-
-
-
3 266
total
-
-
-
32 471
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

20 717
-
216 179
-
unemployment
103
-
428
-
pensions
3 107
-
12 846
-
health
1 761
-
7 279
-
income
1 416
-
21 199
-
total
6 387
-
41 752
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

20 717
-
216 179
-
health
891
-
3 682
-
unemployment
103
-
428
-
pensions
1 139
-
4 710
-
total
2 133
-
8 820
-
Corporate
202 151
225 000
-
-
income
18 193
20 250
-
-
total
18 193
20 250
-
-
Dividends
183 957
204 750
-
-
withholding
16 556
18 428
-
-
total
16 556
18 428
-
-
Income
225 000
225 000
225 000
225 000
Total tax
43 269
38 678
50 572
32 471
After tax
181 731
186 322
174 428
192 529
Living cost
14 330
14 330
14 330
14 330
Free-cash
167 401
171 992
160 098
178 199

Estimated living cost  is ₽14330 per week

₽9143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽96924
₽124362
₽100711
₽120377
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
74 372
pensions
-
-
-
23 674
other
-
-
-
84
unemployment
-
-
-
586
accident
-
-
-
754
total
-
-
-
99 470
Employee
33 373
-
198 330
-
unemployment
517
-
1 297
-
pensions
1 569
-
3 933
-
other
33
-
84
-
income
6 434
-
71 273
-
total
8 553
-
76 587
-
Employer
33 373
-
198 330
-
accident
661
-
1 656
-
other
267
-
670
-
unemployment
1 836
-
4 601
-
pensions
7 875
-
19 743
-
total
10 639
-
26 670
-
Corporate
180 987
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

27 148
33 750
-
-
total
27 148
33 750
-
-
Dividends
153 839
191 250
-
-
withholding
33 464
42 069
-
-
total
33 464
42 069
-
-
Income
225 000
225 000
225 000
225 000
Total tax
79 804
75 819
103 257
99 470
After tax
145 196
149 181
121 743
125 530
Living cost
24 819
24 819
24 819
24 819
Free-cash
120 377
124 362
96 924
100 711

Estimated living cost  is ₽24819 per week

₽16753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽143579
₽138790
₽143694
₽138525
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
77 669
pensions
-
-
-
1 175
health
-
-
-
852
total
-
-
-
79 696
Employee
2 453
-
223 679
-
unemployment
25
-
59
-
pensions
221
-
529
-
health
123
-
294
-
income
474
-
77 608
-
total
843
-
78 490
-
Employer
2 453
-
223 679
-
health
233
-
558
-
unemployment
49
-
117
-
pensions
270
-
646
-
total
552
-
1 321
-
Corporate
221 995
225 000
-
-
income
48 839
49 500
-
-
total
48 839
49 500
-
-
Dividends
173 156
175 500
-
-
withholding
34 631
35 100
-
-
total
34 631
35 100
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 865
84 600
79 811
79 696
After tax
140 135
140 400
145 189
145 304
Living cost
1 610
1 610
1 610
1 610
Free-cash
138 525
138 790
143 579
143 694

Estimated living cost  is ₽1610 per week

₽957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽131750
₽146975
₽131750
₽142543
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
225 000
income
-
-
-
52 485
pensions
-
-
-
17 318
unemployment
-
-
-
999
health
-
-
-
6 861
total
-
-
-
77 663
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 504
-
213 077
-
unemployment
176
-
500
-
pensions
3 291
-
9 325
-
health
1 210
-
3 430
-
income
3 240
-
52 485
-
total
7 917
-
65 740
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 504
-
213 077
-
health
1 210
-
3 430
-
unemployment
176
-
500
-
pensions
2 820
-
7 993
-
total
4 206
-
11 923
-
Corporate
197 289
225 000
-
-
income
29 593
33 750
-
-
total
29 593
33 750
-
-
Dividends
167 696
191 250
-
-
withholding
25 154
28 688
-
-
total
25 154
28 688
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 870
62 438
77 663
77 663
After tax
158 130
162 562
147 337
147 337
Living cost
15 587
15 587
15 587
15 587
Free-cash
142 543
146 975
131 750
131 750

Estimated living cost  is ₽15587 per week

₽10495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽73541
₽103647
₽91931
₽103323
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
income
-
-
-
30 550
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 187
surtax
-
-
-
-
total
-
-
-
108 737
Employee
35 031
-
181 817
-
surtax
-
-
620
-
social contributions
3 854
-
20 000
-
income
6 845
-
63 326
-
total
10 699
-
83 946
-
Employer
35 031
-
181 817
-
social contributions
8 319
-
43 181
-
total
8 319
-
43 181
-
Corporate
181 650
225 000
-
-
income
38 147
47 251
-
-
surtax
-
-
-
-
total
38 147
47 251
-
-
Dividends
143 503
177 749
-
-
withholding
40 180
49 770
-
-
total
40 180
49 770
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 345
97 021
127 127
108 737
After tax
127 655
127 979
97 873
116 263
Living cost
24 332
24 332
24 332
24 332
Free-cash
103 323
103 647
73 541
91 931

Estimated living cost  is ₽24332 per week

₽17234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽90023
₽117461
₽93810
₽111556
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
74 372
pensions
-
-
-
23 674
other
-
-
-
84
unemployment
-
-
-
586
accident
-
-
-
754
total
-
-
-
99 470
Employee
43 590
-
198 330
-
unemployment
675
-
1 297
-
pensions
2 048
-
3 933
-
other
43
-
84
-
income
9 104
-
71 273
-
total
11 870
-
76 587
-
Employer
43 590
-
198 330
-
accident
863
-
1 656
-
other
349
-
670
-
unemployment
2 398
-
4 601
-
pensions
10 287
-
19 743
-
total
13 897
-
26 670
-
Corporate
167 513
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

25 127
33 750
-
-
total
25 127
33 750
-
-
Dividends
142 386
191 250
-
-
withholding
30 830
42 069
-
-
total
30 830
42 069
-
-
Income
225 000
225 000
225 000
225 000
Total tax
81 724
75 819
103 257
99 470
After tax
143 276
149 181
121 743
125 530
Living cost
31 720
31 720
31 720
31 720
Free-cash
111 556
117 461
90 023
93 810

Estimated living cost  is ₽31720 per week

₽22780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽176482
₽176632
₽166972
₽171055
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
33 750
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 731
unemployment
-
-
-
128
health
-
-
-
3 676
total
-
-
-
42 285
Employee
20 846
-
218 728
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 830
-
2 807
-
health
959
-
1 470
-
accident

We are using the highest rate at 1.1%.

229
-
352
-
income
2 085
-
21 873
-
total
5 103
-
26 502
-
Employer
20 846
-
218 728
-
accident

We are using the highest rate at 1.1%.

229
-
352
-
health
1 439
-
2 206
-
unemployment
125
-
192
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 297
-
3 523
-
total
4 090
-
6 273
-
Corporate
200 064
225 000
-
-
income
20 006
22 500
-
-
total
20 006
22 500
-
-
Dividends
180 058
202 500
-
-
withholding
9 003
10 125
-
-
total
9 003
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
38 202
32 625
32 775
42 285
After tax
186 798
192 375
192 225
182 715
Living cost
15 743
15 743
15 743
15 743
Free-cash
171 055
176 632
176 482
166 972

Estimated living cost  is ₽15743 per week

₽10412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽102891
₽80840
₽76625
₽92649
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 870
trade
-
-
-
26 266
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 166
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 227
total
-
-
-
113 529
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

44 908
-
225 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

204
-
4 227
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 166
-
6 166
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 693
-
76 870
-
total
10 063
-
87 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 092
225 000
-
-
income
27 014
33 750
-
-
trade
25 843
32 288
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 485
1 857
-
-
chamber of commerce
401
468
-
-
total
54 743
68 363
-
-
Dividends
125 349
156 638
-
-
withholding
30 995
38 817
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 704
2 134
-
-
total
32 699
40 951
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 505
109 314
87 263
113 529
After tax
127 495
115 686
137 737
111 471
Living cost
34 846
34 846
34 846
34 846
Free-cash
92 649
80 840
102 891
76 625

Estimated living cost  is ₽34846 per week

₽24037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽59436
₽106085
₽59436
₽108080
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
75 082
social contributions
-
-
-
39 068
total
-
-
-
114 150
Employee
70 601
-
225 000
-
income
13 322
-
75 082
-
social contributions
5 865
-
39 068
-
total
19 187
-
114 150
-
Employer
70 601
-
225 000
-
total
-
-
-
-
Corporate
154 399
225 000
-
-
income
19 300
28 126
-
-
total
19 300
28 126
-
-
Dividends
135 100
196 874
-
-
withholding
27 019
39 375
-
-
total
27 019
39 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 506
67 501
114 150
114 150
After tax
159 494
157 499
110 850
110 850
Living cost
51 414
51 414
51 414
51 414
Free-cash
108 080
106 085
59 436
59 436

Estimated living cost  is ₽51414 per week

₽39115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽123187
₽108719
₽152838
₽111874
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
225 000
income
-
-
-
33 750
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
5 649
total
-
-
-
39 399
Employee
41 404
-
220 848
-
income
4 493
-
60 746
-
social contributions
4 148
-
4 152
-
total
8 641
-
64 898
-
Employer
41 404
-
220 848
-
social contributions
4 148
-
4 152
-
total
4 148
-
4 152
-
Corporate
179 447
225 000
-
-
income
62 806
78 750
-
-
total
62 806
78 750
-
-
Dividends
116 641
146 250
-
-
social contributions
4 768
4 768
-
-
total
4 768
4 768
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 363
83 518
69 050
39 399
After tax
144 637
141 482
155 950
185 601
Living cost
32 763
32 763
32 763
32 763
Free-cash
111 874
108 719
123 187
152 838

Estimated living cost  is ₽32763 per week

₽21581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽90544
₽106512
₽110552
₽111897
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
71 185
pensions
-
-
-
9 479
total
-
-
-
80 664
Employee
46 373
-
195 950
-
pensions
3 539
-
11 185
-
health
605
-
2 588
-
income
8 445
-
57 848
-
total
12 589
-
71 621
-
Employer
46 373
-
195 950
-
health
881
-
3 724
-
pensions
4 685
-
25 327
-
total
5 566
-
29 051
-
Corporate
173 061
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

32 882
42 749
-
-
total
32 882
42 749
-
-
Dividends
140 178
182 251
-
-
withholding
28 282
41 955
-
-
total
28 282
41 955
-
-
Income
225 000
225 000
225 000
225 000
Total tax
79 319
84 704
100 672
80 664
After tax
145 681
140 296
124 328
144 336
Living cost
33 784
33 784
33 784
33 784
Free-cash
111 897
106 512
90 544
110 552

Estimated living cost  is ₽33784 per week

₽23175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽102937
-₽3352
₽131998
₽14915
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
65 116
pensions
-
-
-
3 769
other
-
-
-
336
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
71 425
Employee
33 942
-
206 512
-
pensions
3 822
-
6 911
-
health
3 886
-
23 646
-
income
4 657
-
51 441
-
total
12 365
-
81 998
-
Employer
33 942
-
206 512
-
accident
567
-
3 449
-
unemployment
831
-
5 060
-
pensions
5 519
-
9 979
-
total
6 917
-
18 488
-
Corporate
184 141
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

165 727
202 500
-
-
total
165 727
202 500
-
-
Dividends
18 414
22 500
-
-
withholding
3 499
4 275
-
-
total
3 499
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
188 508
206 775
100 486
71 425
After tax
36 492
18 225
124 514
153 575
Living cost
21 577
21 577
21 577
21 577
Free-cash
14 915
-3 352
102 937
131 998

Estimated living cost  is ₽21577 per week

₽15835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽154893
₽159945
₽135066
₽157217
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
225 000
income
-
-
-
38 098
pensions
-
-
-
26 534
unemployment
-
-
-
1 730
health insurance
-
-
-
10 671
work injury
-
-
-
721
total
-
-
-
77 754
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

19 488
-
225 000
-
unemployment
234
-
865
-
work injury
97
-
361
-
pensions
3 586
-
13 267
-
health insurance
1 442
-
5 336
-
income
1 949
-
38 098
-
total
7 308
-
57 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 512
225 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

20 551
22 500
-
-
total
20 551
22 500
-
-
Dividends
184 961
202 500
-
-
withholding
27 744
30 375
-
-
total
27 744
30 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
55 603
52 875
57 927
77 754
After tax
169 397
172 125
167 073
147 246
Living cost
12 180
12 180
12 180
12 180
Free-cash
157 217
159 945
154 893
135 066

Estimated living cost  is ₽12180 per week

₽7546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽63523
₽82558
₽70938
₽78453
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
regional
-
-
-
5 687
social contributions
-
-
-
45 173
municipal
-
-
-
1 619
national
-
-
-
65 627
total
-
-
-
118 106
Employee
76 056
-
225 000
-
municipal
454
-
1 492
-
social contributions
25 646
-
59 223
-
regional
1 148
-
5 220
-
national
12 853
-
59 586
-
total
40 101
-
125 521
-
Employer
76 056
-
225 000
-
total
-
-
-
-
Corporate
148 944
225 000
-
-
nationa
35 746
54 001
-
-
municipal
7 178
10 845
-
-
total
42 924
64 846
-
-
Dividends
106 020
160 154
-
-
withholding
27 566
41 640
-
-
total
27 566
41 640
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 591
106 486
125 521
118 106
After tax
114 409
118 514
99 479
106 894
Living cost
35 956
35 956
35 956
35 956
Free-cash
78 453
82 558
63 523
70 938

Estimated living cost  is ₽35956 per week

₽25257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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